4 ms·
Ah, thank you. I found the details here. https://www.justice.gov/usao-sdny/pr/startup-ceo-charlie-javice-sentenced-85-months-prison-175-million-fraud https://w
by SapporoChris 1y ago
Ah, thank you. I found the details here.
https://www.justice.gov/usao-sdny/pr/startup-ceo-charlie-javice-sentenced-85-months-prison-175-million-fraud https://www.justice.gov/usao-sdny/pr/startup-ceo-charlie-jav...
“Javice perpetrated a $175 million fraud—repeatedly lying about the success of her startup company and even hiring a data scientist to create fake data to back up her lies. For that, Javice has been sentenced to 85 months’ imprisonment and ordered to pay over $300,000,000,”
- qingcharles 1y agoI don't know how they run that in federal prisons, but in some states they'll just put that balance on your commissary account, so you'd go to buy some noodles and you'd be -$300m before you start.
- harambae 1y agoI don't think they do that in FCI's (I have a friend in right now). They do, however, have a cap on the commissary of like $400 a month or so. So even if you're a billionaire it's not super helpful (although you can probably cut deals to add a little bit to other people's accounts, etc..)